Cambium Networks Corporation received a decision letter from the Nasdaq Hearings Panel granting continued listing of its Ordinary Shares on The Nasdaq Global Market.
The decision is subject to compliance with specific Nasdaq Listing Rules and conditions, including filing requirements.
The company aims to regain compliance by filing delinquent reports as outlined in the decision letter.
Continued Listing Granted
The Nasdaq Hearings Panel granted Cambium Networks Corporation's request for continued listing, subject to meeting specific requirements.
Compliance Deadline
Cambium Networks must comply with Nasdaq Listing Rule 5450(a)(1) and 5250(c)(1) by April 16, 2026, to maintain its listing.
Previous Non-Compliance
The company faced delisting threats due to non-compliance with the Minimum Bid Price Rule and Filing Rule, stemming from delayed filings.
- Cambium Networks' ability to maintain its listing on The Nasdaq Global Market provides stability for investors and reflects positively on the company's governance and transparency efforts.
- Demonstrating compliance with listing requirements reinforces investor confidence in the company's financial health and regulatory adherence.
Cambium Networks' successful request for continued listing on Nasdaq underscores its commitment to meet regulatory obligations and uphold transparency in its operations. The company's efforts to file delinquent reports demonstrate a proactive approach to compliance. Investors can be encouraged by the company's resolve to maintain its listing on The Nasdaq Global Market.